Chart Industries has been chosen to supply its Howden hydrogen compression solutions to support Repsol’s €657 million expansion of its Sines industrial complex in Portugal. The expansion project is a strategic move towards achieving 100% recyclable high-value materials from two…
Eli Lilly and Co. (Indianapolis, Ind.) announced that it has more than doubled its investment in its Lebanon, Indiana, manufacturing site with a new $5.3 billion commitment, increasing the company's total investment in this site from $3.7 billion to $9…
BASF SE (Ludwigshafen, Germany) announced the inauguration of its second polymer dispersions production line at the Daya Bay site in Huizhou, China. This expansion directly responds to the rapidly growing local demand for high-quality dispersions, reaffirming BASF’s commitment to serving…
ConocoPhillips (Houston) and Marathon Oil Corp. (Houston) announced that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of…
SUEZ Group (Paris) announced its acquisition of stakes in the innovative North American companies Airex Energy and Subeca, amounting to 8 million euros. These two investments in support of climate change adaptation and mitigation reinforce SUEZ’ innovation dynamic. They fall…
Air Products Membrane Solution (Lehigh Valley, Pa.) announced it will invest more than $70 million to significantly expand its manufacturing and logistics center in Maryland Heights, near St. Louis, Missouri. The investment, which is Air Products Membrane Solutions’ largest ever,…
Asahi Kasei Corp. (Tokyo) announced that Asahi Kasei Medical has completed the construction of its third assembly plant for Planova virus-removal filters in Nobeoka, Miyazaki, Japan, and held its completion ceremony on May 24, 2024. The bioprocess business of Asahi…
Mitsui Chemicals, Inc. (Tokyo) announced plans to set up production facilities at its Iwakuni-Ohtake Works for carbon nanotube (CNT) pellicles suited to use in next-generation high-output EUV lithography systems, which will be indispensable in further reducing the size and increasing…
Toray Group (Tokyo) plans to invest 500 billion won in the Gumi National Industrial Complex in South Korea by 2025 to expand its business for sustainable growth. Toray and Toray Advanced Materials Korea (TAK) signed an investment memorandum of understanding…
Merck KGaA, Darmstadt, Germany has signed a definitive agreement to acquire life science company Mirus Bio for $600 million (around €550 million). Based in Madison, Wisconsin, Mirus Bio is a specialist in the development and commercialization of transfection reagents. Transfection…